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REVEALED: 4 | Rare Historical Photos

Warning over seven pension scam tactics - from high-pressure sales to unusual investments

The Financial Conduct Authority says a quarter of consumers would withdraw pension savings to cover the cost of living - but there are a number of scams people need to be aware of

Chronicle Live

Should you invest in crypto? Always follow these five steps first

Crypto FOMO is real. Surrounded by the noise of ‘rags to riches’ investor stories, chartered financial adviser Emma Fielding shares what to consider before parting with your hard-earned cash

Evening Standard

FCA urges insurers to treat customers fairly amid cost of living squeeze

Financial Conduct Authority asks chief executives to avoid selling unnecessary products and add-ons

The Guardian - UK

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Yorkshire and chairman Lord Patel face fines for reported breach of financial rules

Yorkshire chair Lord Patel reportedly failed to tell Financial Conduct Authority about potential conflicts of interest and they could be fined

Daily Mirror

Labour urges investigation into ‘leak’ of mini-Budget after hedge funds shorted the Pound

Calls come amid reports hedge fund bosses made ‘small fortunes’ by betting that Sterling would fall

Evening Standard

Buy now, pay later firms in UK warned over influencer ads on social media

Financial Conduct Authority will take action if posts do not inform consumers of debt risks

The Guardian - UK

Hartley Pensions enters administration at request of Financial Conduct Authority

Directors at the Bristol-based self-invested personal pension provider have acknowledged the company is now insolvent

Birmingham Post

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Yorkshire IT firms ORIIUM and Pavilion snapped up by iomart Group in £10.5m deal

The Scottish tech firm has acquired the £10m turnover Concepta Capital group

Birmingham Post

100 new jobs set to be created in Leeds as Financial Conduct Authority to move into new city centre offices

The financial watchdog will recruit 100 people in the city

Leeds Live

Financial Conduct Authority to recruit 100 people for Leeds city centre offices

The watchdog will recruit 100 people in the city

Birmingham Post

Save £800 by avoiding 'loyalty penalties' for services, says charity warns

Citizens Advice finds many people could save more than the £400 government energy discount simply by shopping around after their phone, broadband and phone contracts end

Wales Online

Squeezed households paying loyalty penalty for key services, charity warns

Citizens Advice said tackling the issue could be worth more to some households than the £400 discount on energy bills this winter.

The Independent UK

Ripped-off steelworkers lost £80,000 pension cash as watchdog failed to act

An investigation published today ruled that the Financial Conduct Authority (FCA) failed to protect the British Steel pension scheme - with some members missing out on as much as £489,000 in life savings

Daily Mirror

Financial Conduct Authority names Hong Kong regulator as chair

Ashley Alder will join UK watchdog, which is mired in internal strife, in January 2023

The Guardian - UK

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The Independent UK

Financial watchdog urges consumers struggling with rising prices to seek help

Sheldon Mills, executive director of consumers and competition at the FCA, told the PA news agency the organisation and lenders have to be proactive.

Edinburgh Live

Experts issue urgent warning amid circulating loan scam targeting 'financially vulnerable'

Experts have issued an urgent warning amid as scam that has been on the go for the last year targeting people who are in need of financial help - many of which have seen hundreds if not thousand being drained from their banks.

Evening Standard

Buying crypto is like a game of pin the tail on a donkey

City Voices: Bitcoin is no longer gossip at the school gates

Wales Online

Many buy now, pay later customers ‘borrowed money to make repayments’

Government plans law change to bring some forms of unregulated BNPL products into Financial Conduct Authority regulation

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Evening Standard

London Metal Exchange sued for £360 million over suspended nickel market

The London Metal Exchange is being sued for $456 million (£363 million) over its decision to suspend nickel trading and cancel a day of trades.

The Guardian - UK

From deep tech to high finance, why Leeds is luring companies north

The city’s pool of skilled workers is attracting startups and big name companies alike

Daily Record

Couple fear they've lost £60k life savings after investing with businessman linked to Scots space port

Chris Sheppard and wife Elaine handed the money to Michael Haston who was previously at the centre of a fraud investigation.

Daily Record

Fraud rap Scots space station investor launches £250k-a-week finance firm

Michael Haston was nan was a major investor in Scotland's space race.

Asharq Al-Awsat

UK to Guarantee Access to Cash as Banks Shut Branches

The UK government on Wednesday said it would legally guarantee access to cash as banks increasingly shut branches in the digital age. "Millions of people across the UK will benefit from new legislation to protect access to cash," the Treasury said in a statement. Under the legislation, the Financial Conduct…

Chronicle Live

Cruel screen-sharing scam cost victim £48,000 - how to avoid making same mistake

The Financial Conduct Authority (FCA) says more than £25 million has been lost since January 2021

Wales Online

Nearly quarter of free-to-use cash machines have gone since 2018

Almost half of bank branches have been earmarked for closure since 2015

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